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Raise Lens

In context

This call is open to non-profits, local authorities and community groups and 1 other. Coverage is read from the notice itself: Latin America and Caribbean. The funder accepts early-stage applicants.

Summary

A parametric insurance product that provides rapid liquidity to vulnerable groups following storms, hurricanes, and extreme rainfall events. Eligible policyholders receive payouts based on predefined triggers to protect livelihoods and enable climate adaptation.

Summary by Raise Lens from the official notice · 4 Aug 2026Accurate?

About this grant

This grant funds access to an insurance mechanism that shields low-income households in the Caribbean against livelihood losses from natural hazards including hurricanes and severe rainfall. The scheme operates as a climate-adaptation tool, helping vulnerable populations manage disaster-related income shocks. Nonprofits, social enterprises, local authorities and community groups serving low-income populations in Caribbean member states are eligible to apply. Projects must demonstrate how they will deliver livelihood protection outcomes against natural hazards and align with disaster-risk financing and social-protection objectives. Applicants at any stage of development may apply.

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Key requirements

  • ✓Applicant must be a vulnerable group or community in Caribbean region exposed to hurricane, storm, or extreme rainfall risk
  • ✓Policyholders must meet eligibility criteria for parametric insurance coverage
  • ✓Rapid liquidity disbursement triggered by predefined parametric thresholds (not loss assessment)

Frequently asked questions

Who can apply for Livelihood Protection Policy (LPP)?
Eligibility covers organisations in LATAM, CARIBBEAN; nonprofit, local-authority, community-group, social-enterprise.

About this sector

Climate adaptation funding helps communities, infrastructure and businesses prepare for heat, flooding, drought and sea level rise. Most of it is public and multilateral money, often targeted at vulnerable regions and delivered with local government. Calls usually ask for a climate risk assessment and evidence that local people shaped the plan.